BLS Data Overstated U.S. Payrolls by 800K, Major Revision Confirms  In March, when most of Wall Street and economists were still accepting the data released by the Biden administration's Bureau of Labor Statistics (BLS) at face value—despite its reliance on inaccurate and hastily compiled figures intended to paint a rosier picture of the econo...

Global Markets Weekly Wrap KW 26 : US Equity Markets Reach New Highs Amid Lower Trading Volumes in July  Market Movers As the second half of 2024 begins, US stock markets hit new record highs despite reduced activity during the holiday-shortened trading week. Trading volume decreased by 19.1% compared to the 20-day average of 1.76 billion shar...

Stocks and Bonds React Differently to ISM, Payrolls, and CPI Data  Bond yields typically increase following major data releases such as payrolls, ISM, and CPI, but in recent years, they have shown a more pronounced rise after payroll reports. Stock movements, however, tend to be less influenced by these releases, except for the ISM data, which...